The global market for Data Center Refrigerants was estimated at US$609.4 Million in 2024 and is projected to reach US$958.3 Million by 2030, growing at a CAGR of 7.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Data Center Refrigerants market.
The increasing demand for sustainable data center operations has driven the transition from hydrofluorocarbon (HFC) refrigerants to low-global-warming-potential (GWP) alternatives such as hydrofluoroolefins (HFOs), ammonia (NH3), and carbon dioxide (CO2). With growing regulatory pressure to phase out high-GWP refrigerants under initiatives such as the Kigali Amendment, operators are exploring eco-friendly options that provide efficient heat absorption without negatively impacting the environment. Additionally, AI-powered cooling systems are optimizing refrigerant usage, further reducing energy consumption and carbon footprints.
Another innovation is the integration of refrigerant-based cooling with emerging liquid immersion and direct-to-chip cooling technologies. These systems use refrigerants with superior heat transfer capabilities, allowing data centers to operate at higher densities while reducing reliance on traditional air-cooled systems. Furthermore, the adoption of modular and scalable refrigerant-based cooling solutions is enabling edge and hyperscale data centers to optimize thermal performance dynamically.
Market trends indicate growing demand for AI-optimized cooling management, where software-driven refrigerant distribution adapts dynamically to workload changes. With colocation and hyperscale data centers prioritizing sustainability, energy-efficient refrigerant solutions are becoming key differentiators in competitive markets. Additionally, advancements in refrigerant lifecycle tracking and recovery systems are ensuring compliance with environmental regulations, preventing refrigerant leakage, and optimizing long-term cooling performance.
End-use expansion is another key driver, with data center operators in colocation, cloud, and hyperscale environments investing in refrigerants that align with carbon neutrality goals. The rise of liquid and hybrid cooling architectures is further accelerating refrigerant adoption, ensuring compatibility with advanced thermal management technologies. Additionally, collaborations between refrigerant manufacturers and data center infrastructure providers are fostering innovation, leading to the development of customized refrigerant blends optimized for data center cooling efficiency.
Global Data Center Refrigerants Market - Key Trends & Growth Drivers Summarized
Why Are Refrigerants Crucial for the Sustainability and Efficiency of Data Centers?
As data centers continue to scale to accommodate high-performance computing, AI-driven workloads, and cloud services, efficient cooling has become a top priority. Refrigerants play a vital role in thermal management systems, ensuring optimal operating conditions while reducing energy consumption. Whether used in direct expansion (DX) cooling, liquid-based systems, or chilled water loops, refrigerants help prevent overheating, maintain uptime, and improve power usage effectiveness (PUE).The increasing demand for sustainable data center operations has driven the transition from hydrofluorocarbon (HFC) refrigerants to low-global-warming-potential (GWP) alternatives such as hydrofluoroolefins (HFOs), ammonia (NH3), and carbon dioxide (CO2). With growing regulatory pressure to phase out high-GWP refrigerants under initiatives such as the Kigali Amendment, operators are exploring eco-friendly options that provide efficient heat absorption without negatively impacting the environment. Additionally, AI-powered cooling systems are optimizing refrigerant usage, further reducing energy consumption and carbon footprints.
What Are the Latest Innovations in Data Center Refrigerants?
The development of ultra-low-GWP and natural refrigerants has revolutionized data center cooling strategies. HFO blends such as R-1234yf and R-513A are gaining traction due to their high efficiency and reduced environmental impact. Additionally, advanced refrigerant leak detection systems integrated with IoT sensors are improving refrigerant lifecycle management, preventing energy losses and minimizing operational risks.Another innovation is the integration of refrigerant-based cooling with emerging liquid immersion and direct-to-chip cooling technologies. These systems use refrigerants with superior heat transfer capabilities, allowing data centers to operate at higher densities while reducing reliance on traditional air-cooled systems. Furthermore, the adoption of modular and scalable refrigerant-based cooling solutions is enabling edge and hyperscale data centers to optimize thermal performance dynamically.
How Are Market Trends and Regulatory Policies Shaping the Refrigerant Industry?
The data center industry is undergoing a major transformation as global sustainability mandates drive the shift toward environmentally responsible refrigerants. The European Union's F-Gas Regulation and the U.S. Environmental Protection Agency's AIM Act are accelerating the adoption of low-GWP alternatives, compelling operators to phase out legacy HFCs. Additionally, the push for carbon neutrality and energy-efficient cooling solutions has increased investment in refrigerant recycling and reclamation technologies.Market trends indicate growing demand for AI-optimized cooling management, where software-driven refrigerant distribution adapts dynamically to workload changes. With colocation and hyperscale data centers prioritizing sustainability, energy-efficient refrigerant solutions are becoming key differentiators in competitive markets. Additionally, advancements in refrigerant lifecycle tracking and recovery systems are ensuring compliance with environmental regulations, preventing refrigerant leakage, and optimizing long-term cooling performance.
What Is Driving the Growth of the Data Center Refrigerants Market?
The growth in the data center refrigerants market is driven by the increasing need for sustainable cooling solutions, regulatory mandates for low-GWP refrigerants, and the expansion of high-density computing environments. The transition from high-GWP refrigerants to next-generation alternatives, coupled with AI-powered refrigerant management, is reshaping the cooling industry.End-use expansion is another key driver, with data center operators in colocation, cloud, and hyperscale environments investing in refrigerants that align with carbon neutrality goals. The rise of liquid and hybrid cooling architectures is further accelerating refrigerant adoption, ensuring compatibility with advanced thermal management technologies. Additionally, collaborations between refrigerant manufacturers and data center infrastructure providers are fostering innovation, leading to the development of customized refrigerant blends optimized for data center cooling efficiency.
Scope of Study:
The report analyzes the Data Center Refrigerants market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Refrigerant Type (HFCs, HFOs, Other Refrigerant Types); Data Center Type (Enterprise Data Center, Colocation Data Center, Cloud Data Center, Hyperscale Data Center)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the HFCs segment, which is expected to reach US$555.3 Million by 2030 with a CAGR of a 9.0%. The HFOs segment is also set to grow at 7.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $166.0 Million in 2024, and China, forecasted to grow at an impressive 12.4% CAGR to reach $206.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Data Center Refrigerants Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Data Center Refrigerants Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Data Center Refrigerants Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as 3M Company, Alfa Laval AB, Arkema S.A., Asetek A/S, Climalife (Dehon Group) and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 44 companies featured in this Data Center Refrigerants market report include:
- 3M Company
- Alfa Laval AB
- Arkema S.A.
- Asetek A/S
- Climalife (Dehon Group)
- Daikin Industries, Ltd.
- Danfoss A/S
- Dow Inc.
- Enex Technologies
- Honeywell International Inc.
- LiquidStack
- M&I Materials Ltd.
- M&M Carnot
- Modine Manufacturing Company
- Munters Group AB
- Orbia Advance Corporation
- SRF Limited
- STULZ GmbH
- The Chemours Company
- Vertiv Holdings Co.
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- Alfa Laval AB
- Arkema S.A.
- Asetek A/S
- Climalife (Dehon Group)
- Daikin Industries, Ltd.
- Danfoss A/S
- Dow Inc.
- Enex Technologies
- Honeywell International Inc.
- LiquidStack
- M&I Materials Ltd.
- M&M Carnot
- Modine Manufacturing Company
- Munters Group AB
- Orbia Advance Corporation
- SRF Limited
- STULZ GmbH
- The Chemours Company
- Vertiv Holdings Co.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 214 |
| Published | July 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 609.4 Million |
| Forecasted Market Value ( USD | $ 958.3 Million |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
